Invest North East England news

Owner of Reece Group - John Reece
North East’s Reece Group Engineers a positive future with encouraging financial results
North East’s Reece Group Engineers a positive future with encouraging financial results

Reece Group has announced positive end of year results for 2019 which reflect new contract wins, business growth and advances in product technology. The North East-based organisation, the holding company for Pearson Engineering, Responsive Engineering and Velocity, has announced a collective turnover of £64.6m for the year ending December 2019. This is up 48% on […]

Business Durham - COVID 19 Support Sarah Slaven, Interim Managing Director of Business Durham and Cllr Carl Marshall Durham County Council’s cabinet member for economic regeneration
Business Durham helps companies adapt to change
Business Durham helps companies adapt to change

Business Durham is helping companies across County Durham manage and deal with the current economic challenges by signposting them to the help they need in order to adapt and thrive. The COVID-19 crisis will continue to affect businesses in different ways and at different times, so Business Durham is working closely with companies to help […]

Icons from across the globe celebrate healthy ageing and share their stories in a new hybrid exhibit on Newcastle Helix
Icons from across the globe celebrate healthy ageing and share their stories in a new hybrid exhibit on Newcastle Helix
Icons from across the globe celebrate healthy ageing and share their stories in a new hybrid exhibit on Newcastle Helix

A new exhibition has launched on Newcastle Helix, celebrating human experiences and a vision for longer and healthier lives. Lead by the National Innovation Centre for Ageing (NICA) and hosted in the Catalyst building on Newcastle Helix, this brand new virtual and socially-distanced physical exhibit features people from diverse cultural and professional backgrounds who wanted […]

National Innovation Centre for Data - Newcastle
Newcastle joins more than 100 leading cities in global Smart City Index
Newcastle joins more than 100 leading cities in global Smart City Index

Newcastle has made a high-ranking entry to the list of leading cities in the 2020 Smart City Index. Newcastle has been added to a list of leading cities in the 2020 Smart City Index. Published by the IMD Smart City Observatory (SCO), this report ranks cities based on citizens’ perceptions and both economic and technological […]

Growing Fintech company, Growth Capital Ventures, has secured £1 million investment and plans to create jobs
Growing Fintech company, Growth Capital Ventures, has secured £1 million investment and plans to create jobs
Growing Fintech company, Growth Capital Ventures, has secured £1 million investment and plans to create jobs

Rapidly growing Fintech company, Growth Capital Ventures (GCV), has secured £1 million of growth capital from institutional investors to continue its expansion and fast-track the growth of Britain’s burgeoning tech sector.  GCV has now opened up the investment round to new private investors via its online investment platform – growthfunders.com Investment from the current round will […]

Durham City Incubator (DCI) and Durham University are supporting ambitious local entrepreneurs starting up businesses.
Boost for County Durham entrepreneurs
Boost for County Durham entrepreneurs

Business Durham is set to help a further five entrepreneurs launch their businesses with its successful six-month accelerator programme. Durham City Incubator (DCI) is designed to help new County Durham companies flourish and has so far supported 22 entrepreneurs, in the past three cohorts, to launch their businesses and achieve national recognition and investment funding. […]

Jarrow Business Centre
Growth Funding Secured for Advanced and Offshore Manufacturing Zone
Growth Funding Secured for Advanced and Offshore Manufacturing Zone

Funding has been secured to create a Manufacturing Zone within Jarrow Business Centre in South Tyneside, to support high growth businesses in the advanced manufacturing and offshore energy supply chain. South Tyneside Council has been awarded almost £500,000 from the Government’s Local Growth Fund through the North East Local Enterprise Partnership (LEP), to develop the […]

Satellite Application
The UK’s only Orbital Analyst Centre opens in Durham
The UK’s only Orbital Analyst Centre opens in Durham

A specialist space awareness and surveillance company has opened the UK’s only Orbital Analyst centre in Durham.   Northern Space and Security Ltd (NORSS), which specialises in Space Situational Awareness (SSA) and Space Surveillance and Tracking (SST), has expanded its team and set up the NORSS Orbital Analyst Hive (NOAH) at Aykley Heads Business Centre which will work to identify, track and monitor the behaviour of […]